12:35 PM EST - Empower Technologies Corporation : and Pixon Imaging have signed the Pixon Imaging Investment Letter Agreement. Under this Letter Agreement, Empower will have a minority ownership of Pixon Imaging by converting a portion of the outstanding Pixon Imaging receivables into Pixon Imaging common shares and the remaining balance of the receivables in convertible notes. In return, the Letter Agreement calls for Empower to be the exclusive manufacturer and developer of Pixon Imaging technology products. As part of this Letter Agreement, Empower has the right to distribute Pixon Imaging technology products in authorized global regions. Empower Technologies Corporation
shares V.EPT are trading even at $0.12.
